iPhone 16 Blocked - Apple Faces Sales Ban in Indonesia Over Local Investment Shortfall: Report
Portfolio Pulse from Anusuya Lahiri
Apple faces a sales ban for its iPhone 16 in Indonesia due to not meeting local investment requirements. The ban affects only the iPhone 16, while other Apple products remain unaffected. Apple is short by 240 billion rupiah of the required investment. Despite challenges in Indonesia and a slight decline in sales in China, Apple continues to see strong interest in the iPhone 16 in key markets like the U.S. and China. Apple stock has gained 36% over the past year.
October 28, 2024 | 12:45 pm
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NEGATIVE IMPACT
Apple's iPhone 16 sales are banned in Indonesia due to unmet local investment requirements. This affects only the iPhone 16, while other products remain unaffected. Despite this, Apple sees strong interest in the iPhone 16 in key markets like the U.S. and China.
The sales ban in Indonesia could negatively impact Apple's revenue from the iPhone 16 in that market. However, the strong interest in the iPhone 16 in the U.S. and China may offset some of the negative impact. The stock has shown resilience with a 36% gain over the past year.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors can gain exposure to Apple's stock through the Vanguard S&P 500 ETF, which includes Apple as a significant component. The ETF may experience minor fluctuations based on Apple's performance.
VOO includes Apple as a significant component. While the sales ban in Indonesia may impact Apple, the ETF's diversified nature means the impact on VOO will be less pronounced.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Vanguard Total Stock Market ETF provides exposure to Apple's stock. The ETF may see minor fluctuations due to Apple's sales ban in Indonesia, but its diversified holdings mitigate significant impact.
VTI includes Apple among its holdings. The sales ban in Indonesia may affect Apple, but VTI's broad market exposure reduces the impact on the ETF.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50